Beyond Bank Low Rate

12.49% p.a.

0% p.a. for 12 months and then 12.49% p.a.

$49

Beyond Bank Low Rate Review

Review published: 25 October 2017

What's hot:

  • 0% balance transfer offer for 12 months

  • 2017 Mozo Experts Choice Award

  • Low $49 annual fee

  • 62 interest free days

What's not:

  • 19.99% cash advance rate

Mozo snapshot:

If reducing your credit card expenses is the name of your game, then the 2017 Mozo Experts Choice winning Low Rate credit card from Beyond Bank could be your perfect companion. With 62 interest free days to pay off your purchases and a low annual card fee of just $49 you’ll be able to keep expenses down, plus the 0% balance transfer offer for 12 months will help you take control of any existing credit card debt.

Key features:

Featuring one of the longest interest free periods on the market, the Beyond Bank Low Rate credit card gives cardholders who pay their balance in full each month up to 62 interest free days on new purchases. Even if you do carry a balance, you’ll only be charged at the relatively low 12.49% purchase rate.

The card also comes with a low $49 annual fee, as well as the useful 0% balance transfer offer for the first 12 months. Just keep in mind that if you do take advantage of the offer to transfer debt from an existing card, make sure you pay it off in that 12 month period otherwise you’ll be charged the 12.49% purchase rate.

With Visa’s handy payWave system you’ll also be able to simply tap your card for payments below $100, and you won’t have to worry about any unauthorised purchases made with your card thanks to Visa’s Zero Liability Policy.

Who it's good for:

The Beyond Bank Low Rate credit card could be a top option for anyone looking to get a handle on their credit card debt who can make use of the 0% balance transfer offer, or cardholders that pay their balance on time each month that can take advantage of the generous 62 interest free days.

Any catches?

Like many credit cards, you’ll want to avoid taking cash out with your Beyond Bank Low Rate credit card to dodge the 19.99% cash advance rate.

How are Beyond Bank credit cards rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
8.5

Based on 12
Beyond Bank credit cards reviews

8.3 7.2 8.8 8.8 8.2

Read Beyond Bank credit card reviews by the Mozo community

Latest reviews of Beyond Bank Low Rate

Beyond Bank

Beyond Bank Low Rate credit card review

Overall rating   10 / 10

Excellent and secure

Credit Union and not a bank as I pay $2 to become a member and have no fees on debit visa card account

Full review

Credit Union and not a bank as I pay $2 to become a member and have no fees on debit visa card account

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Derren (SA), reviewed 4 months ago

Beyond Bank

Beyond Bank Low Rate credit card review

Overall rating   10 / 10

You name it, they do it best

Been with them from the first day they opened!!!

Full review

Been with them from the first day they opened!!!

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Steve (NSW), reviewed over 2 years ago

Beyond Bank

Beyond Bank Low Rate credit card review

Overall rating   9 / 10

Great bank and great people

Never had a problem with the card or bank, always no hassles to use.

Full review

Never had a problem with the card or bank, always no hassles to use.

    Price   10 / 10

    Features   5 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   6 / 10

Less

Craig (ACT), reviewed almost 3 years ago

Beyond Bank

Beyond Bank Low Rate credit card review

Overall rating   1 / 10

My credit union was taken over by beyond bank

I have a visa debit card with an overdraft, I think the interest rate is too high and I'm always getting overdue fees and extra charges. I was with Wagga credit union.

Full review

I have a visa debit card with an overdraft, I think the interest rate is too high and I'm always getting overdue fees and extra charges. I was with Wagga credit union.

    Price   0 / 10

    Features   1 / 10

    Customer service   3 / 10

    Convenience   3 / 10

    Trust   2 / 10

Less

Lisa (NSW), reviewed almost 3 years ago

Beyond Bank

Beyond Bank Low Rate credit card review

Overall rating   10 / 10

Low fees, easy application

Great card easy to use and pay off , simple application and quick acceptance.

Full review

Great card easy to use and pay off , simple application and quick acceptance.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Nic (VIC), reviewed almost 3 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Rates

  • 12.49% p.a.

  • none

  • 0% p.a. for 12 months and then 12.49% p.a.

  • no

  • 19.99% p.a.

  • 62

Fees

  • $49.00

  • none

  • none

  • none

  • $25.00

  • $4.00

  • 3.00%

  • $5.00

  • $25.00

  • $0.00

Other financial bits

  • $20.00

  • 3.0

Features

  • 4

  • none

  • none

About Beyond Bank

Beyond Bank, formerly Community CPS, is one of Australia's largest customer owned banks. Based in South Australia, Beyond Bank operates more than 46 branches across the country. Beyond Bank offers a wide range of banking and financial products including home loans, credit cards, savings accounts, term deposits, bank and and business accounts, and personal loans. The winning combination of great products and local service has helped Beyond Bank win many industry awards, including Best Credit Union in the Mozo People's Choice Awards 2012.

**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

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